Teachers Advisors LLC decreased its position in shares of Vail Resorts Inc. (NYSE:MTN) by 15.9% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 170,679 shares of the company’s stock after selling 32,236 shares during the period. Teachers Advisors LLC’s holdings in Vail Resorts were worth $26,776,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently bought and sold shares of MTN. Foundry Partners LLC boosted its position in Vail Resorts by 9.4% in the second quarter. Foundry Partners LLC now owns 2,625 shares of the company’s stock worth $363,000 after buying an additional 225 shares during the last quarter. Nordea Investment Management AB bought a new position in Vail Resorts during the second quarter worth $693,000. IBM Retirement Fund bought a new position in Vail Resorts during the second quarter worth $503,000. Parametrica Management Ltd bought a new position in Vail Resorts during the second quarter worth $245,000. Finally, Robeco Institutional Asset Management B.V. boosted its position in Vail Resorts by 22.0% in the second quarter. Robeco Institutional Asset Management B.V. now owns 65,793 shares of the company’s stock worth $9,094,000 after buying an additional 11,856 shares during the last quarter.
Vail Resorts Inc. (NYSE:MTN) traded down 0.17% during trading on Friday, hitting $162.17. The stock had a trading volume of 124,945 shares. Vail Resorts Inc. has a 12 month low of $114.86 and a 12 month high of $169.98. The company’s 50 day moving average is $160.23 and its 200-day moving average is $152.86. The company has a market cap of $6.49 billion, a PE ratio of 41.41 and a beta of 0.46.
Vail Resorts (NYSE:MTN) last released its earnings results on Friday, December 9th. The company reported ($1.70) earnings per share for the quarter, missing the consensus estimate of ($1.57) by $0.13. The firm earned $178.30 million during the quarter, compared to analysts’ expectations of $183.73 million. Vail Resorts had a net margin of 9.14% and a return on equity of 13.81%. The business’s revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the business earned ($1.63) EPS. On average, equities research analysts predict that Vail Resorts Inc. will post $5.19 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, January 12th. Stockholders of record on Wednesday, December 28th will be given a $0.81 dividend. The ex-dividend date of this dividend is Friday, December 23rd. This represents a $3.24 annualized dividend and a dividend yield of 1.98%. Vail Resorts’s dividend payout ratio (DPR) is presently 83.72%.
A number of research analysts recently commented on MTN shares. Janney Montgomery Scott reissued a “buy” rating and issued a $170.00 price target on shares of Vail Resorts in a report on Tuesday, September 27th. Barclays PLC reissued a “buy” rating and issued a $175.00 price target on shares of Vail Resorts in a report on Tuesday, September 27th. MKM Partners set a $180.00 price target on Vail Resorts and gave the stock a “buy” rating in a report on Tuesday, September 20th. Credit Suisse Group AG set a $153.00 price target on Vail Resorts and gave the stock a “buy” rating in a report on Monday, September 12th. Finally, Zacks Investment Research cut Vail Resorts from a “buy” rating to a “hold” rating in a report on Thursday, December 15th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and ten have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $162.48.
In related news, insider Patricia A. Campbell sold 291 shares of Vail Resorts stock in a transaction that occurred on Thursday, October 6th. The stock was sold at an average price of $157.09, for a total transaction of $45,713.19. Following the transaction, the insider now owns 19,593 shares in the company, valued at $3,077,864.37. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director John F. Sorte sold 4,688 shares of Vail Resorts stock in a transaction that occurred on Wednesday, September 28th. The stock was sold at an average price of $155.94, for a total value of $731,046.72. Following the transaction, the director now owns 63,147 shares in the company, valued at approximately $9,847,143.18. The disclosure for this sale can be found here. 4.60% of the stock is owned by insiders.
About Vail Resorts
Vail Resorts, Inc is a holding company. The Company operates through three segments: Mountain, Lodging and Real Estate. The Company’s Mountain segment operates around 10 mountain resort properties and two urban ski areas, as well as ancillary services, primarily including, ski school, dining and retail/rental operations.